Segall Bryant & Hamill LLC Acquires 60,682 Shares of Veralto Corporation $VLTO

Segall Bryant & Hamill LLC raised its holdings in shares of Veralto Corporation (NYSE:VLTO) by 53.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 174,642 shares of the company’s stock after buying an additional 60,682 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Veralto were worth $15,442,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. State Street Corp grew its stake in shares of Veralto by 2.6% in the fourth quarter. State Street Corp now owns 10,720,184 shares of the company’s stock worth $1,071,035,000 after acquiring an additional 270,356 shares during the last quarter. Geode Capital Management LLC increased its position in Veralto by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 7,249,875 shares of the company’s stock worth $720,876,000 after acquiring an additional 126,814 shares during the period. First Trust Advisors LP raised its stake in Veralto by 31.5% during the 1st quarter. First Trust Advisors LP now owns 6,150,388 shares of the company’s stock valued at $543,817,000 after purchasing an additional 1,472,304 shares during the last quarter. Invesco Ltd. raised its stake in Veralto by 6.3% during the 4th quarter. Invesco Ltd. now owns 4,595,043 shares of the company’s stock valued at $458,493,000 after purchasing an additional 272,036 shares during the last quarter. Finally, Amundi boosted its holdings in Veralto by 16.3% in the 1st quarter. Amundi now owns 3,797,526 shares of the company’s stock valued at $335,785,000 after purchasing an additional 531,478 shares during the period. 91.28% of the stock is owned by institutional investors.

Veralto Stock Performance

NYSE VLTO opened at $94.34 on Friday. The stock has a market cap of $23.00 billion, a P/E ratio of 23.82, a PEG ratio of 2.55 and a beta of 0.63. The company’s 50-day simple moving average is $88.62 and its 200 day simple moving average is $90.90. Veralto Corporation has a twelve month low of $80.03 and a twelve month high of $110.11. The company has a quick ratio of 1.32, a current ratio of 1.78 and a debt-to-equity ratio of 0.86.

Veralto (NYSE:VLTO) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.10. The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.45 billion. Veralto had a net margin of 17.35% and a return on equity of 34.76%. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.93 earnings per share. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. As a group, research analysts forecast that Veralto Corporation will post 4.41 earnings per share for the current fiscal year.

Veralto Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were issued a $0.13 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. Veralto’s dividend payout ratio is presently 13.13%.

Insider Activity

In related news, CEO Jennifer Honeycutt sold 7,097 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $101.52, for a total transaction of $720,487.44. Following the completion of the transaction, the chief executive officer owned 124,085 shares in the company, valued at $12,597,109.20. This trade represents a 5.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.43% of the company’s stock.

Wall Street Analysts Forecast Growth

VLTO has been the subject of several research reports. Stifel Nicolaus increased their target price on shares of Veralto from $111.00 to $114.00 and gave the company a “buy” rating in a research note on Thursday. Weiss Ratings restated a “hold (c)” rating on shares of Veralto in a research note on Wednesday, June 24th. Barclays upped their price target on Veralto from $113.00 to $117.00 and gave the company an “overweight” rating in a report on Thursday. Wolfe Research reiterated an “outperform” rating and issued a $109.00 price objective on shares of Veralto in a research report on Thursday, July 9th. Finally, UBS Group lifted their price objective on Veralto from $98.00 to $104.00 and gave the stock a “neutral” rating in a report on Thursday. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Veralto presently has a consensus rating of “Moderate Buy” and an average target price of $110.90.

Veralto Company Profile

Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color services worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment offers precision instrumentation and water treatment technologies to measure, analyze, and treat water in residential, commercial, municipal, industrial, research, and natural resource applications through the Hach, Trojan Technologies, and ChemTreat brands. This segment provides water solutions, including chemical reagents, services, and digital solutions.